-The Telegraph According to a recent estimate, about 80 per cent of the 70 million people who slipped below the poverty line worldwide during the pandemic were from India Poverty numbers can be confusing as they depend on the choice of the poverty line and the statistical method of estimation. These may result in differences in the results arrived at. The latest data from the World Bank show that for South Asia...
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Various estimates point towards one conclusion – the number of poor Indians swelled in 2020
The newly released World Bank report has estimated that the number of extremely poor people globally went up by nearly 71 million in the year 2020 as compared to 2019 — a 11 percent increase. Between 2019 and 2020, the number of poor swelled by around 56 million in India. It means that about 79 percent of the total people globally who slipped into poverty during the first year of...
More »Assam’s soil erosion worsening with climate change and floods -Gurvinder Singh
-VillageSquare.in With intensifying monsoons and deepening soil erosion, Assam is becoming one of India’s states most vulnerable to climate change, hurting food production and livelihoods in the process. Each year, during the monsoon, the mighty Brahmaputra River and its tributaries burst their Banks and engulf huge tracts of farming and residential land in the remote north-eastern state of Assam, home to 34 million people. The state government, engineers and other experts are exploring...
More »Results of a survey in 4 states reveals how MGNREGA protected the poor from income shocks during the pandemic
-Press release by Azim Premji University dated October 13, 2022 New Delhi & Bangalore, October 13: About 39 percent of all jobcard-holding households interested in working under the Mahatma Gandhi National Rural Employment Guarantee Act 2005 did not get a single day of work in the Covid year of 2020-21. Also, on average, only 36 per cent of households that worked received their wages in 15 days, showed a survey of...
More »Bullish on the India story, but Banks not helping: MSME sector -K Sunil Thomas
-TheWeek.in Demand funding to recover from pandemic shock Indian businesses are bullish on the economy and India’s growth story, but could do with some help from the Banking system. This was the message Indian businesses, especially those from the medium and small scale industries sector, have for the establishment. “When it comes to cost of capital, our Banks have not done enough,” said Saket Dalmia, the new president of the PHD Chamber of...
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